by admin | Jul 10, 2019 | Bridge/Construction, Featured
$20MM Bridge Loan on 100% Vacant Multifamily in Pasadena, CA _____________________________ Property: Multifamily Location: Pasadena, CA Loan Amount: $20,000,000 Rate: Floating LTC: Up to 80% Recourse: Non-recourse Term: 3 Years...
by admin | Jul 9, 2019 | Commercial, Featured
$29.5MM Retail Center Acquisition Loan _____________________________ Property: Retail Center Location: Folsom, CA Loan Amount: $29.5 million Recourse: Non-Recourse Fixed Period: 10 Years Term: 10 years Amortization: 30...
by admin | Jul 9, 2019 | Bridge/Construction, Featured
$9.8MM Self-Storage Construction Financing _____________________________ Property: Self-Storage Location: San Diego, CA Loan Amount: $9,780,000 LTC: 75% Start Rate: 4.00% Index & Margin: 30 day LIBOR + 3.25% Fixed Period: Floating Term: 3 Years...
by admin | Jul 9, 2019 | Bridge/Construction, Featured
$24MM Pre-Development Financing _____________________________ Loan Amount: $24,000,000 Loan Term: 24 Months Guarantee: Non-Recourse All Other Terms:...
by admin | Jun 14, 2019 | Featured, Multi-Family
$16.9MM Multifamily Cash-Out Refinance _____________________________ Property: Grocery Anchored Retail Location: Southern California Loan Amount: $14,750,000 LTV: 66% Fixed Period: 10 Years Interest-Only Period: 10 Years...